Oklahoma Property Management Agreement | Commercial & Residential

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The Oklahoma property management agreement is a contract for the management of a property by a third party on behalf of the owner. The property manager agrees to work for regular payments by the owner which often includes a commission of profits, as well as flat rates for various services. The property manager will be expected to advertise free rental units, select new tenants, maintain the condition of the property, and, when necessary, serve notices on their tenants.

Requirements (§ 605:10-15-2) – Only owners, their salaried employees, and licensed real estate brokers can work as professional property managers.

Verify a Property Managerhttps://lic.ok.gov/

Sample Agreement

Two Doors Realty – Adobe PDF

Oklahoma Real Estate Commission – Adobe PDF

Renters Place – Adobe PDF

Related Forms

(Video) Oklahoma Property Management Agreement – EXPLAINED